What Will My Cryptocurrency Be Worth In 5 Years

What will my cryptocurrency be worth in 5 years

A $5 Trillion Cryptocurrency Empire in Just 5 Years?

A correction is normal after a parabolic surge and with Bitcoin, the value rises and decreases harder than compared to other 'traditional' investments.

Experienced traders are taking profit after the big rally. The 'scaling debate' is one of the main reasons for this and this causes that newbies, who just bought some crypto's, start selling it because they are deterred by the decline.' Weak hands will sell'. And when everyone has taken profit or gets scared it becomes time to buy.

Personally I think the crypto markets will await till august 1.

On august 1 the scaling debate will take place.

Why have cryptocurrencies become so popular

If the outcome of the debate do not cause too much commotion, the markets are likely to go up again. Therefore are the next two weeks a great time to buy some cheap crypto's. Consider that it's also a risk to buy them before august 1, it can also be a very good move.

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I'm giving my favourite crypto's for the coming weeks to keep an eye on.

1. Dash (DASH)

Price: $142 Market cap: $1,057,000,000
The three pillars of Dash are instant, private and secure.

Dash is an open source peer-to-peer cryptocurrency that offers all the same features as Bitcoin but also has advanced capabilities, including instant transactions (InstantSend), private transactions (PrivateSend), and decentralized governance (DGBB). Dash's decentralized governance and budgeting system makes it the first decentralized autonomous organization.

Dash has recently announced a three-year roadmap for its Evolution “decentralized payments platform”.

What will my cryptocurrency be worth in 5 years

Dash is a cryptocurrency that is constantly in development and has a great development team. The first alpha mode of the future plans will already go live in December.

This will make Dash a good investment to buy now.

5 Best Cryptocurrencies to Buy for 2020

I prefer Dash above Zcash because of the roadmap but consider taking also a look at Zcash.

2. Litecoin (LTC)

Price: $39 Market cap: $2,038,000,000
Litecoin is a peer-to-peer cryptocurrency and an open source software project.

It is similar to Bitcoin but Litecoin has some technical improvements over Bitcoin and other cryptocurrency’s. Litecoin already has the adoption of Segregated Witness, and the Lightning Network.

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These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks. Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.

What will my cryptocurrency be worth in 5 years

Litecoin is led by ex-Googler Charlie Lee, who's active on Twitter and transparent on what he's doing with Litecoin and he is one of the best developers out there in cryptoland. Litecoin is commonly referred as the silver to Bitcoins gold and with a market cap just above 2 billon, Litecoin has enough upside to make it a good investment to buy now.

I think a Litecoin price of $50 is still a good buy.

3.

Golem (GNT)

Price: $0.223 Market cap: $188,000,000
I made an article about Golem a few days ago, which you can read here.

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Golem is a global, open sourced, decentralized supercomputer that anyone can access. It's made up of the combined power of user's machines, from personal laptops to entire datacenters.

What will my cryptocurrency be worth in 5 years

Anyone will be able to use Golem to compute (almost) any program you can think of. Golem can be considered more as a digital asset than a cryptocurrency, but the token is needed to buy the computing power.

I think this is one of the revolutionary technologies that the blockchain has to offer. The Golem team is taking the lead in the development for open source computing power and they are the developing leaders in this market.

Golem just released Brass Golem, which is a further stage in the development.

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Things are looking good for Golem and with this price it is definitely a buyer. A month ago the price was almost $0.70. With the recent decline there is a possibility to buy it again for a good price.

4.

Bitcoin (BTC)

Price: $2004 Market cap: $33,435,000,000
I don’t have to say much about Bitcoin.

Tim Draper On Bitcoin: 'In 5 Years If You Use Fiat Currency, They Will Laugh At You'

But this is the market leader and it will be on top for at least the coming years. I think Ethereum will not surpass Bitcoin in the near future. More and more big institutions are buying Bitcoin and this will increase the price. August 1 is an important day for Bitcoin, but if this goes well there will be a bright future.

Maybe you should wait till august 1 with this one.

5.

Here’s a hint: You’d have a six-figure sum of money now

IOTA (MIOTA)

Price: $0.158 Market cap: $442,000,000
IOTA is the new kid on the block and doesn't use the blockchain, instead it uses 'the Tangle' The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value WITHOUT any fees.

IOTA also wants to realise the internet of things for people and companies.

What will my cryptocurrency be worth in 5 years

I think this is one of the best projects released this year. The buying hype around IOTA has cool-downed and it has now a good price to buy again.

5 Predictions For The Next 10 Years Of Bitcoin / Crypto

I'm going to buy IOTA myself in the coming weeks!

I hope this content is valuable for you and you have some crypto tips to take in mind. The current prices and market capitalization can be seen on coinmarketcap.com.

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What will my cryptocurrency be worth in 5 years